Japan Brain Health Supplements Market Size & Outlook
Japan brain health supplements market, 2017-2030 (US$M)
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Japan brain health supplements market highlights
- The Japan brain health supplements market generated a revenue of USD 379.4 million in 2022 and is expected to reach USD 1,350.1 million by 2030.
- The Japan market is expected to grow at a CAGR of 17.2% from 2023 to 2030.
- In terms of segment, herbal extract was the largest revenue generating product in 2022.
- Vitamins & Minerals is the most lucrative product segment registering the fastest growth during the forecast period.
Brain health supplements market data book summary
| Market revenue in 2022 | USD 379.4 million |
| Market revenue in 2030 | USD 1,350.1 million |
| Growth rate | 17.2% (CAGR from 2022 to 2030) |
| Largest segment | Herbal extract |
| Fastest growing segment | Vitamins & Minerals |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Natural Molecules, Herbal Extract, Vitamins & Minerals |
| Key market players worldwide | Unilever PLC, Teva Pharmaceutical Industries Ltd, Natural Factors, Intelligent labs, Accelerated Intelligence, NOW Foods, Health Via Modern Nutrition, Peak Nootropics, AlternaScript |
Other key industry trends
- In terms of revenue, Japan accounted for 4.4% of the global brain health supplements market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China brain health supplements market is projected to lead the regional market in terms of revenue in 2030.
- ANZ is the fastest growing regional market in Asia Pacific and is projected to reach USD 885.2 million by 2030.
Herbal extract was the largest segment with a revenue share of 42.8% in 2022. Horizon Databook has segmented the Japan brain health supplements market based on natural molecules, herbal extract, vitamins & minerals covering the revenue growth of each sub-segment from 2017 to 2030.
The Japanese government has been increasing its focus on mental health and wellbeing and has initiated several programs and campaigns to spread awareness about the same. These include the Mental Health and Welfare Law that was amended in 1995, as well as the Mental Health and Welfare Reform Vision in 2004, which promote the welfare of the mentally disabled and their families. Such efforts continue to improve awareness about mental health, which is a key factor driving the demand and need for various brain health supplements.
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Brain Health Supplements Market Scope
Brain Health Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan brain health supplements market size, by product, 2017-2030 (US$M)
Japan Brain Health Supplements Market Outlook Share, 2022 & 2030 (US$M)
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